Summary Clinton and Obama are slamming each other and the oil companies in dueling radio ads in Pennsylvania. Both ads exaggerate and twist the facts. Both ads say, in effect, […]
Q: Who owns the Federal Reserve Bank?
A: There are actually 12 different Federal Reserve Banks around the country, and they are owned by big private banks. But the banks don’t necessarily run the show. Nationally, the Federal Reserve System is led by a Board of Governors whose seven members are appointed by the president and confirmed by the Senate.
Q: Did Hillary Clinton work for Goldwater?
A: She was a high-school Young Republican and "Goldwater Girl" in 1964 but swung to supporting Democrat Eugene McCarthy’s campaign in 1968 and George McGovern’s in 1972.
Q: Was Obama correct to say 90% of his money comes from donors giving $50 or less?
A: No. He gets more from small donors than either Clinton or McCain, but two-thirds of his money still comes from those giving $200 or more.
One of Clinton’s signature claims has come under fire from political foes, quoted by the Boston Globe, who say she doesn’t deserve credit for expanding federal health insurance for millions of children. We review the record and conclude that she deserves plenty of credit, both for the passage of the SCHIP legislation and for pushing outreach efforts to translate the law into reality.
Q: Do middle-income persons pay lower federal income taxes under Bush than they did under Bill Clinton?
A: Yes, middle-income taxpayers pay less, but not nearly as much less as claimed in a widely circulated chain e-mail. Moreover, both Barack Obama and Hillary Clinton propose additional middle-income cuts, contrary to what the message insinuates.
Q: Is the Secret Service paying the Clintons’ mortgage?
A: No. And Hillary won’t get a full-salary Senate pension, either.
Summary The American Leadership Project, an independent group raising large donations to support Clinton, is running two ads in Texas praising her health care plan. One misrepresents what FactCheck.org said […]
Clinton’s spokesman says a newly surfaced memo proves that Obama’s campaign issued false denials about sending a private message to Canadian officials to disregard his criticisms of NAFTA. The Obama camp says it’s all a misunderstanding, and the Canadian embassy in Washington says it regrets the whole thing.
The Clinton-Obama showdown debate in Cleveland produced several false, twisted or dubious claims, most of which we’ve heard and debunked before. Both Obama and Clinton claimed their health care plans would cut costs more than the other’s, and that experts back them up on that. But experts we talked to said the plans are too similar to predict which would save more, and two experts said neither plan can save nearly as much as the candidates claim.